Hubert Senters here.
Let’s take a look at KMX, CarMax. Pretty simple concept. They sell cars. So it’s in a valid uptrend. It is acting pretty good. It had sideways consolidation and now it gapped up and then close that gap so you could do a modified bracket trade here. It’s not perfect but you can play it this way. Plus it’s also in a pretty good uptrend.
Break above that would be a good long above $88.72. Break below this at $83.53. It’s a valid uptrend. You can also do a pullback to $81.87. If this is not on your radar of things that is trending up it should be because it’s pretty good.
Mark Helweg is going to be doing a special webinar next week Wednesday, June 26th at 8PM EST ‘’How to Potentially Predict Big Swings in the Market Using Nature’s own ‘’Golden Ratio.’’ Fibonacci is of course. I’m a huge proponent of Fibbonacis. I liked the 50 and the 61.8 percent.
Mark is going to give you a special webinar on how to use this stuff and how to apply it to your trading. I will hyperlink you to this page click CLAIM MY SPOT NOW to register for the webinar.
Good luck. Hope it helps. See you in the next video.
Hubert.